Ask Question
21 August, 03:23

Owns taxi (automobile) worth 1,315 ... A. asset B. liability C. Both D. Neither

+4
Answers (1)
  1. 21 August, 04:56
    0
    A. Asset - An asset is anything of value owned by a person or a business. Owning means that there is no debt. Liability would be only if there was a debt owing in the taxi, the person is liable (responsible) for the debt.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Owns taxi (automobile) worth 1,315 ... A. asset B. liability C. Both D. Neither ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers